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Wedgebreakout

$THRM #bullish #breakout from #wedge on weekly #chart$THRM stock price made an intermediary top back in SEP'18 and since then it has traded downwards inside a nice wedge After a failed move it has managed to breakout in OCT'19 Result that came out at the end of OCT'19 were not great and the stock has retested the breakout , but the price action held above and now the stock has resumed the uptrend MACD and RSI very supportive of the move higher as per chart Targets are: T1 - top of the wedge at 50.30 T2 - measure move of the breakout from the wedge at 54.10 Good luck, TA
NASDAQ:THRMLong
by RA_Capital
Possible trade idea for GBP/USDWhen we look at the chart we can see that the price is testing the wedge. If the price is able to break below the wedge we could consider to short it. We do have to keep in mind that it could be a fake out first and then the price does a retest of the wedge before it drops good. Please let me know in the comments what you think of it. If you like the idea do not forget to give it a like and follow me for more ideas. If you have any questions, feel free to PM me.
Short
by MaBaCapital2
1
Trade idea for EUR/GBPWhen we look at the chart we can see that the price just went above the wedge. What we are waiting for now is for the price to retest the wedge. There is a chance that the price won't retest the wedge because there is also a good divergence happening. A divergence is a good indicator that the price is going to revers so if the wedge is broken and there is a divergence happening at the same time, a lot of the time the price does not retest and just takes off. Please let me know in the comments what you think of it. If you like the idea do not forget to give it a like and follow me for more ideas. If you have any questions, feel free to PM me.
Long
by MaBaCapital2